Who Has Affordable Auto Insurance Rates for State Employees in Charlotte?

One of the more important things that aid in calculating the amount you pay each year for auto insurance is where you keep your vehicle. Areas with high crime rates or more dense population tend to have more expensive car insurance rates, whereas less populated areas can boast about having cheaper rates.

The illustration below lists the most expensive areas in North Carolina for state employees to buy auto insurance in. Charlotte is ranked at #3 with a yearly premium of $832 for the average insured, which is around $69 each month.

How much does car insurance cost in Charlotte, NC?
Rank City Premium Per Year
1 Fayetteville $932
2 Jacksonville $891
3 Charlotte $832
4 Gastonia $803
5 Greensboro $786
6 Wilmington $781
7 Durham $773
8 Huntersville $764
9 Greenville $760
10 Wilson $754
11 Apex $747
12 Indian Trail $745
13 Goldsboro $743
14 Cary $742
15 Raleigh $737
16 Rocky Mount $726
17 High Point $723
18 Chapel Hill $717
19 Hickory $711
20 Salisbury $705
Compare Prices Now Go

Rate information is comparative as zip code location can increase or decrease rates significantly.

Shopping around for cost effective auto insurance is hard enough, and deciding which companies have the cheapest insurance rates for state employees takes additional perseverance. Every insurance company has a unique approach to establish rates, so let’s begin by taking a look at the insurance companies that tend to have lower prices in North Carolina.

It’s important to know that North Carolina insurance rates are influenced by many factors that may substantially change the policy price. Events like a birthday, buying a higher-value vehicle, or getting a DUI can trigger price changes resulting in some companies being higher-priced than before.

Best Auto Insurance Prices in North Carolina

Compare Rates and Save

Rankings for the cheapest car insurance companies in North Carolina
Rank Company Cost Per Year
1 Progressive $632
2 Utica National $636
3 NC Farm Bureau $716
4 Liberty Mutual $721
5 Titan $729
6 GEICO $742
7 Penn National $747
8 State Farm $756
9 Auto-Owners $878
10 Allied $901
11 Erie $904
12 National General $908
13 Travelers $927
14 Peerless $992
15 Unitrin $1,002
16 Nationwide $1,011
17 Encompass $1,031
18 MetLife $1,038
19 Allstate $1,054
20 Safeco $1,076
Find Cheaper Rates Go

Progressive may have some of the most affordable car insurance rates in Charlotte at around $632 each year. Utica National, NC Farm Bureau, Liberty Mutual, and Titan would also make the list of some of the cheaper Charlotte, NC car insurance companies.

As the rates illustrate above, if you are currently insured with NC Farm Bureau and switched to Progressive, you might realize annual savings of upwards of $84. North Carolina drivers with Liberty Mutual may save as much as $89 a year, and Titan insureds might reduce prices by as much as $97 a year.

It’s important to note that these rates are averaged for all types of insureds and vehicles and do not take into consideration an exact zip code location for state employees. So the auto insurance company that can offer you the best price may not even be in the top 20 companies in the list above. That affirms the importance of why you need to get rate quotes using your own driver and vehicle profiles.

The car, truck, or SUV driven is probably the biggest factor in finding the most affordable auto insurance for state employees. Vehicles with more horsepower, a lack of advanced safety features, or a history of substantial liability claims will cost significantly more to insure than safer, lower-performance models.

The information below ranks coverage prices for a handful of the cheapest vehicles to insure.

Cheapest Vehicles to Insure in Charlotte, NC
Vehicle Insured Estimated Cost for Full Coverage
Ford Escape XLT 2WD $1,210
Honda CR-V EX-L 4WD $1,237
Toyota Prius $1,337
Ford Explorer XLT 2WD $1,360
Dodge Grand Caravan SE $1,369
Honda Odyssey EX W/Rear Entertainment $1,405
Chevrolet Impala LS $1,414
Toyota RAV4 Limited 2WD $1,432
Honda Civic LX 4-Dr Sedan $1,479
Honda Accord EX 4-Dr Sedan $1,482
Hyundai Elantra SE 4-Dr Sedan $1,507
Jeep Wrangler Sport 4WD 2-Dr $1,529
Chevrolet Equinox LTZ AWD $1,534
Nissan Altima Hybrid 4-Dr Sedan $1,542
Chevrolet Silverado LT Crew Cab 4WD $1,534
Ford Edge SE AWD $1,607
Ford Focus S 4-Dr Sedan $1,612
Start Your Quote Go

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can impact premiums greatly.

Looking at the numbers, we can presume that makes and models like the Ford Escape, Honda CR-V, Toyota Prius, and Ford Explorer are most likely to be the more affordable vehicles to insure for state workers.

Get discount Charlotte insurance rates

Insurance for state workers in Charlotte, NCAuto insurance companies that provide policies for state employees may provide policy discounts that may potentially lower prices by 40% or more if you qualify for them. Large insurance companies and a summarized list of policyholder discounts are outlined below.

The illustration below illustrates the comparison of insurance premiums with and without policy discounts. The data is based on a female driver, no claims or driving violations, North Carolina state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multiple vehicle, passive restraint, safe-driver, multiple policy, and vehicle safety discounts applied. When these discounts are applied, theamount saved on insurance for state employees is 27% or $372.

The information below demonstrates how choosing different deductibles can increase or decrease premium costs when trying to find cheap insurance for state employees. The premium estimates are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.

As shown above, a 50-year-old driver could save $196 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $298 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old category, can save up to $502 or more just by choosing larger deductibles. When increasing deductibles, it is a good idea to have enough savings to allow you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.

The benefits of price comparisons

North Carolina insurance rates are impacted by many things which can significantly increase or decrease the price you pay for coverage. Simply getting older, increasing liability limits, or getting a driving violation can cause premium changes resulting in some companies being more affordable than the competition.

Additionally, companies file new North Carolina auto insurance rates at least once a year to ensure their profitability. Higher than normal claim frequency or severity may cause rate increases, while a profitable period may produce lower-cost Charlotte car insurance rates.

To help illustrate this point, the chart below shows a variety of companies that have the cheapest car insurance in Charlotte, NC for a 30-year-old female driver with a clean driving record, no accidents, and a good credit rating. When comparing rates based on her current rating profile, Utica National quotes the most affordable car insurance rates in Charlotte at $818 per year. This is $54 less than the average premium paid by North Carolina drivers of $872. Progressive, Liberty Mutual, NC Farm Bureau, and Penn National are also on the list of the best Charlotte, NC auto insurance companies.

The chart below compares rates after we give the driver in the first chart a claim, poor credit, and a speeding citation. Because each company has a unique formula for determining rates, comparing prices will most likely result in a significantly different list of affordable companies as shown below.

State Farm now has the cheapest car insurance in Charlotte with Titan, Auto-Owners, Progressive, and Travelers now being in the top five. This example shows why it is important to compare as many rates as possible to get the most economical insurance quotes for state employees.

Insurance prices consist of many different factors and change dramatically, so the most affordable company the last time you compared rates may now be an over-priced policy.

The agents below can probably help you determine which auto insurance coverages would be the best in your situation, since lots of people like to get some professional input when comparing insurance rates for state workers. It’s not always easy to find the cheapest car insurance policy, and getting professional guidance from a licensed agent can add peace of mind knowing you have sufficient coverage for your assets.

To find an agent by location nearest to you, click the link at the bottom or click here to compare price quotes now.

Patriot Insurance Agencies
9620 Monroe RdCharlotte, NC 28270(704) 644-3058

Matt “Woody” Woodford – State Farm Insurance Agent
501 S Sharon Amity Rd #200Charlotte, NC 28211(704) 971-3030

GEICO Insurance Agent
4651 South Blvd Suite BCharlotte, NC 28209(704) 523-2886

Roger Craig – State Farm Insurance Agent
1427 Emerywood DrCharlotte, NC 28210(704) 553-2327

More insurance agents in Charlotte, NC

How to find the cheapest insurance for state employees

Below you’ll find some thrifty solutions that can help North Carolina drivers get low-cost car insurance.

The last tip is incredibly significant, as was noted in this article. Insurance prices can change considerably based on profitability, so drivers shouldn’t be resistant to switch to a new company if you find a cheaper price.

Sticking with a specific company is fine, but is isn’t recommended if that stubbornness costs you thousands of dollars over the life of your policy. In just a couple of minutes you could compare prices to find cheaper insurance for state employees in Charlotte.